9 bedroom block of apartments for sale

Abington Street, Northampton

Guide Price £1,100,000

Property Description

Full description

An extremely rare opportunity to acquire an entire freehold block of six luxury quality apartments in the centre of Northampton. Situated in the sought after location of Abington Street above successful, desirable businesses, this property would offer a substantial investment in the local property market. Consisting of three two bedroom apartments and three one bedroom apartments, there is potential for a high yield generated from long term investment, but would equally generate a high income as short term rentals.

Set in a Victorian era shoe warehouse, the property represents a genuine piece of Northampton history and heritage. Period architectural features have been retained throughout, with original wooden beams exposed and offering sections of exposed brick wall. The original winch and pulley system has been retained in the overhead beams of the top floor apartment and serves as a unique feature piece.

The freehold encompasses the entire building envelope, which incorporates the lease of the downstairs business, which is currently on a 999 year peppercorn rent. The building includes two secure entrances which a steel gate leading to archway access and a numerically coded secure entrance to the building itself. The archway entrance offers shared access to a restaurant occupying the rear courtyard.

The asking price is inclusive of high quality furniture and furnishings present in every apartment, which offers a turn-key investment opportunity to the potential buyer.


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Listing History

Added on Rightmove:
14 January 2019

Nearest station

  • Northampton (0.7 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

Danelaw Real Estate, Northamptonshire

Northamptonshire

01600 522015 Local call rate

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Floorplans


To view this property or request more details, contact:

Danelaw Real Estate, Northamptonshire

Northamptonshire

01600 522015 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Northampton (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Danelaw Real Estate, Northamptonshire

Northamptonshire

01600 522015 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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